Best Practices (81)
Read about leading practices in employee benefits.
Wednesday, 27 July 2016 14:42
Cost Containment: Putting Your Claims Data to Work
Written by Tonya Young
Let’s face it, there’s much about the continued rising cost of health care that you don’t have much control over. You can’t change the medical needs of a premature baby on your health plan, or change the costly medical and prescription treatment needed for chronic conditions in your employee population.…
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Best Practices
Wednesday, 29 June 2016 11:23
Do Your Employees Travel Abroad for Business?
Written by Juliet Fitzgibbons
Traveling abroad for work can be an exciting experience but anything can happen while you're away from home. Losing your passport, malaria, auto accident, food poisoning – it's important to be prepared for any unexpected illness, injury or medical emergency. Unfortunately, most domestic medical plans reimburse after the fact for…
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Best Practices
Monday, 15 February 2016 17:00
Three Steps to More Accurate Carrier Invoices
Written by Juliet Fitzgibbons
Have you ever experienced billing or invoice issues? Frustrated with people you already terminated still showing up on your bill? Look no further as your Fall River team is here to help! When processing eligibility changes such as enrollments, changes or terminations, you can follow these three simple steps to…
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Best Practices
Mile High SHRM PDG featuring Kristen Russell and Dean HeizerThursday, June 25th, 3-5 pmCSU Downtown, 475 17th Street Suite 300, Denver, CO 80203 There are so many laws driving your practices regarding HR and Benefits, that it's getting tougher and tougher to keep track of them all. Yet with the…
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Best Practices
Wednesday, 29 April 2015 11:33
Four More Reasons to Consider Partial Self Funding
Written by Kristen Russell
We often talk to small and mid-sized employers about the advantages of a Partially Self Funded plan, which most large employers already use. These include the avoidance of most premium tax, more control over plan design, and access to data that you can use to lower future renewals. But two…
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Best Practices
Are you paying more and more for worse benefits? While some aspects of rising healthcare costs are driven by factors outside our control, there are MANY factors within our control, even for smaller employers. The problem is that the strategies used by many brokers aren’t sustainable. Learn how employers of…
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Best Practices
Wednesday, 18 February 2015 17:00
Should You Survey Your Employees About Benefits?
Written by Tonya Young
An employee survey can give you some great insight into what employees think about your current benefit package, but could you also be setting yourself up for negative responses and backlash? There are both pros and cons of asking your employees to complete a benefit survey. One of the best…
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Best Practices
It's almost 2015. Is your benefit compliance game plan ready? We'll help you create the plan you need to ensure you are ready for the coming year: What you need to do in 2015 to meet ACA requirements and deadlines; An overview of what all private employers MUST do to…
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Best Practices
Many employers have calendar year Flexible Spending Account (FSA) plans even if their benefits renew in a different month. Just a reminder this time of year – you may need to amend your FSA plan document as your plan anniversary approaches. Here are three reasons you may need to make…
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Best Practices
Tuesday, 21 October 2014 18:00
Commission Disclosures and Broker Transparency
Written by Amy De Lorenzo
When a group insurance policy is obtained, your insurance broker is paid a commission on each line of coverage. But did you know that there is a law that requires a broker to disclose the total amount of compensation they receive from your insurance carriers? In 2009 a Colorado state…
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Thursday, 25 September 2014 08:13
What is your Healthcare Strategy Score?
Written by Kristen Russell
The Affordable Care Act aside, employers everywhere are struggling with the rising cost of healthcare. Even though annual trend levels have tapered off, the costs were already so high that adding even one extra dime to healthcare costs can feel like the straw that broke the camel’s back. There are…
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Best Practices
Wednesday, 13 August 2014 08:15
Growing Companies Need Dynamic Benefits: A Case Study
Written by Kristen Russell
As a company grows and wants to attract the best workforce, their benefits strategy needs to change with them. While a smaller start-up company may offer the bare-bones benefits, a larger company may need to offer a very comprehensive benefits package to suit the needs of all employees, along with…
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Best Practices
Wednesday, 18 June 2014 12:00
Professional Employer Organizations Can Bring Savings in Time and Money
Written by Kristen Russell
There are many reasons for choosing a Professional Employer Organization (PEO), especially the ability to outsource your most tedious HR and benefits tasks altogether, freeing the HR function up to be more strategic. While this should always be the main reason for choosing a PEO approach, for some groups there…
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Best Practices
Tuesday, 27 May 2014 19:05
Partially Self Funded Plans May Reduce Your 2014 Renewal
Written by Tonya Young
Last month, we blogged about Health Reimbursement Arrangements (HRAs) as one of three strategies you can use to combat the potentially high renewal you may be receiving this year. This month, we’ll focus on Partially Self Funded health plans. We often talk to small and mid-sized employers about the advantages…
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Best Practices